Elevating your vendor payment processes with AP automation
Vendors expect and deserve to be paid promptly. And when those expectations aren’t met, frustrations arise. Not only do late or lost payments degrade vendor relationships, they also elevate stress levels for AP staff, and eliminate any possibility of vendor discounts.
An efficient AP system that tracks payment status and automates vendor payments is hugely beneficial for any organization. In this blog, we’ll explore how Quadient AP provides an efficient payment system to help eliminate payment delays and enhance your relationship with your vendors.
The importance of good vendor relationships
In many ways, the success of your business depends on your relationship with your suppliers. Maintaining strong, positive vendor relationships is essential to control costs, satisfy customers, and offer quality products or services.
However, you can’t expect to enjoy a productive and profitable buyer/supplier relationship if you aren’t paying your invoices on time. That’s where AP automation comes in.
How Quadient AP streamlines your processes
Quadient AP lets you look up the status of vendor payments at any time, and from practically anywhere. All documents are stored in real-time and accessible in the cloud ― making visibility and transparency a guarantee. Quadient’s global search feature empowers your team to use keywords and filters to find any AP document in seconds.
Quadient AP's sophisticated platform also lets you easily search through all exported invoices ― sorting by type, reference number, amount, or process date. This helps you easily identify where each individual payment is in your workflow, and ensures your AP team members always have the information they need to manage vendor relationships effectively.
Enhance your vendor relationships with Quadient AP
Quadient AP helps you maintain positive, mutually-beneficial vendor relationships. Book a demo with us today to see how our AP automation solution elevates and automates your vendor payment workflows.
